Europe’s New Problem Is On Full Display, the deflation path

Europe’s New Problem Is On Full Display, the deflation path So what we see right now in Europe taking place in the bond market is the handoff. Interest rates are plunging in Spain, Italy, Germany and so forth. The risk of default is not in anybody’s mind. Now the risk is of Europe going down…

Robots Vs. Humans In One Chart and expected unemployment trend

Robots Vs. Humans In One Chart and expected unemployment trend http://www.businessinsider.com/robots-vs-humans-in-one-chart-2014-1?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+businessinsider+%28Business+Insider%29

Goldman Sachs Group Inc. reported earnings today, and one of the key numbers that’s worth noting is the bank’s ratio of pay to revenues, 37 percent. Take a look at the chart below (choose ‘show images’ in your email if it doesn’t appear) and you’ll see that cements a decade-long trend . In 2001, Goldman paid out 52 percent of its revenue in compensation. That number has slipped steadily downward; the main exception to the trend was 2008, when bank revenue fell by more than half.

Goldman Sachs Group Inc. reported earnings today, and one of the key numbers that’s worth noting is the bank’s ratio of pay to revenues, 37 percent. Take a look at the chart below (choose ‘show images’ in your email if it doesn’t appear) and you’ll see that cements a decade-long trend . In 2001, Goldman…

What mobile phones have meant for brick-and-mortar bank branches. “Bank of America plans to trim nearly 20% of its brick and mortar retail branch network—a process which effectively began back in 2009. The bank has already reduced its retail branches by 950 branches, or 15.5% over the past four years and is aiming to cut about 150 more in 2014. At the same time, it’s spending about $3B a year to improve its technology and infrastructure around mobile and banking.”

What mobile phones have meant for brick-and-mortar bank branches. “Bank of America plans to trim nearly 20% of its brick and mortar retail branch network—a process which effectively began back in 2009. The bank has already reduced its retail branches by 950 branches, or 15.5% over the past four years and is aiming to cut…